Gambling Act 2003

Institutions - New Zealand Lottery Grants Board - New Zealand Lottery Grants Board

274: Function of Board

You could also call this:

"The Function of Board is about how a group decides how lottery money is shared."

Illustration for Gambling Act 2003

The New Zealand Lottery Grants Board has a job to do. You need to know that their main task is to decide how the money made from lotteries in New Zealand will be shared out. The Board allocates the profits from lotteries so that the money can be distributed according to the rules in this part of the law.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM209793.


Previous

273: Members and procedure, or

"Rules about who is on the Lottery Board and how it makes decisions"


Next

275: Powers of Board, or

"What the Lottery Grants Board is allowed to do to get its job done"

Part 3Institutions
New Zealand Lottery Grants Board: New Zealand Lottery Grants Board

274Function of Board

  1. The general function of the Board is to determine the proportions in which the profits of New Zealand lotteries are allocated for distribution in accordance with this subpart.

Compare
  • 1977 No 84 s 116F(1)